Federated Fixed Income
Securities, Inc.
Federated Municipal Ultrashort
Fund
Federated Income Securities
Trust
Federated Prudent DollarBear
Fund
Federated Total Return Series,
Inc.
Federated Ultrashort Bond Fund
FOR PURPOSES OF THIS
SUPPLEMENT, ONLY THE A, B, C and F CLASSES IN THE PROSPECTUSES OF THE ABOVE-NAMED FUNDS ARE AFFECTED BY THE SPECIFIC CHANGES DESCRIBED BELOW
SUPPLEMENT TO CURRENT SUMMARY
PROSPECTUSES for THE A, B, C and F Share Classes of the Above-Named Funds
1. In the section “Fund Summary Information” under the sub-heading entitled, “Purchase and Sale of Fund Shares,” please add the underlined disclosure as follows:
“You may purchase, redeem or
exchange Shares of the Fund on any day the New York Stock Exchange (NYSE) is open. Shares may be purchased through a financial intermediary firm that has entered into a Fund selling and/or servicing agreement with the Distributor or an affiliate (“Financial Intermediary”) or directly from the Fund, by
wire or by check. Please note that certain purchase restrictions may apply. Redeem or exchange Shares through a financial intermediary or directly from the Fund by telephone at 1-800-341-7400 or by mail.”
January 31, 2013
Federated Investors Funds
4000 Ericsson Drive
Warrendale, PA 15086-7561
Contact us at FederatedInvestors.com
or call 1-800-341-7400.
Federated Securities Corp.,
Distributor
Q451483 (1/13)